Tag: Entertainment Content

Paramount Skydance amended its $30 a share, all-cash offer for Warner Bros. Discovery on Monday, with Paramount shareholder and Oracle founder Larry Ellison now guaranteeing $40.4 billion of the equity financing for the bid, and any damages claims against Paramount.

The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix

Netflix’s (NFLX) decision to acquire assets from ​Warner Bros Discovery has ‌not changed and the hostile bid ‌from Paramount Skydance was “entirely expected”, its co-CEOs Greg Peters and Ted Sarandos said in ⁠a letter ‌to employees on Monday.

The Walt Disney Co. on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make videos with its copyrighted characters on its Sora app.

U.S. President Donald Trump said on Sunday that he would have a say whether a proposed merger between Netflix and Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns.

Netflix announced Friday it’s reached a deal to buy pieces of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets.

Netflix has sweetened its offer for Warner Bros. Discovery in a second round of bids as it tries to outdo rival Paramount.

The animated Zootopia 2, which reunites Ginnifer Goodwin and Jason Bateman in a mystery against Ke Huy Quan as adversary Gary De’Snake, sold another $400.4 million internationally, for an estimated $556.4 million global opening.

Japan’s Takaichi unveils $135bn stimulus to spur growth

Ubisoft Entertainment shares climbed as trading resumed after a weeklong suspension, as the videogame maker posted higher sales for its fiscal second quarter due to stronger-than-expected partnerships and a robust back catalog.

Paramount, Comcast and Netflix are preparing bids for Warner Bros. Discovery , according to people familiar with the matter.

Walt Disney stock was sliding on Thursday, after slumping movie and TV revenue led to the entertainment company missing Wall Street’s quarterly sales target.

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming.

The most hotly-anticipated game in the videogame industry has been delayed again.

Nintendo raised its forecast for sales of the Switch 2 console in its current fiscal year as momentum for its new flagship console grows.

Netflix may be about to add Harry Potter and Batman to the vast library of characters it controls. The video streamer is weighing up making a bid for Warner Bros. Discovery’s streaming and studios business, according to a report.

Την είσοδό της στον κλάδο του Live Entertainment ανακοίνωσε η Alter Ego Media, μέσω συμφωνίας με την Stages Network, η οποία διαθέτει δέκα θέατρα και τον πολυχώρο Stage Seven.

Netflix stock was dropping Tuesday afternoon after the video streaming giant reported third-quarter earnings below Wall Street estimates.

Την επιτυχής ολοκλήρωση της αύξησης μετοχικού κεφαλαίου ύψους 2 εκατ. ευρώ ανακοίνωσε η Alter Ego Media, με τους Νίκο Ευαγγελάτο και Τατιάνα Στεφανίδου να γίνονται και επίσημα μέτοχοι στην εταιρεία, στο πλαίσιο της συμφωνίας για την εξαγορά των Newsit και TLife.

Netflix (NASDAQ:NFLX) stock fell 2% Wednesday morning after billionaire entrepreneur Elon Musk called on his followers to cancel their subscriptions to the streaming service.